November 3, 2022
“Online payments giant Stripe is laying off roughly 14% of its staff, CEO Patrick Collison wrote in a memo to staff Thursday… Collison acknowledged that the company’s leadership made “two very consequential mistakes” by misjudging how much the internet economy would grow… Continue Reading…
October 5, 2022
“The highest mortgage rates in more than 20 years coincided with one of the deadliest hurricanes on record in the United States, both contributing to a steep drop in mortgage demand. Total mortgage application volume fell 14.2% last week compared… Continue Reading…
July 26, 2022
“…Generation Z workers — defined in the study as those ages 18 to 25 — are socking away, on average, 14% of income for their golden years, according to new research from BlackRock. That compares with 12% for their older counterparts:… Continue Reading…
November 5, 2021
“The Labor Department’s Bureau of Labor Statistics announced on Friday that 100,450,000 people in this country were not in the labor force in October, up 38,000 from the 100,412,000 in September. This is the 14th straight month that this “not… Continue Reading…
January 22, 2021
“BlackRock Inc. BLK, -0.90% said Thursday that it will raise its dividend by 14%. The investment management’s new quarterly dividend of $4.13 a share, up from $3.63 a share, will be payable March 23 to shareholders of record on March 5. The stock… Continue Reading…
September 24, 2020
“Sales of new U.S. single-family homes increased to their highest level in nearly 14 years in August… The Commerce Department said on Thursday new home sales rose 4.8% to a seasonally adjusted annual rate of 1.011 million units last month,… Continue Reading…
September 23, 2020
“Sales of existing homes rose 2.4% to a seasonally adjusted annualized rate of 6 million units, according to the National Association of Realtors. Sales were 10.5% higher compared with August 2019. This is the highest sales pace since December 2006,… Continue Reading…
February 12, 2020
“Total U.S. household debt rose by $601 billion in the fourth quarter from a year earlier, or 1.4%, surpassing $14 trillion for the first time, the New York Fed’s quarterly household credit and debt report showed. That’s $1.5 trillion above… Continue Reading…
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